Sunshine Clothing Company issues 1,600 shares of $1 par value common stock at $35 per share. Later in the year, the company decides to purchase 130 shares at a cost of $39 per share. Record the transaction if Sunshine resells the 130 shares of treasury stock at $35 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)